Liquidity Ratios You Have the Following Information on Marco's Polo

question 100

Multiple Choice

Liquidity Ratios You have the following information on Marco's Polo Shop: total liabilities and equity = $205 million,current liabilities = $45 million,inventory = $60 million,and quick ratio = 2.4 times.Using this information,what is the balance for fixed assets on Marco Polo's balance sheet?

• A)$37m
• B)$97m
• C)$145m
• D)$157m

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Definitions:

Unconscious

The part of the mind that contains thoughts, memories, and desires not within immediate awareness but influencing behavior.

Neurotics

Individuals who suffer from neurosis, a psychological condition marked by chronic distress but not by delusions or hallucinations.

Neurotic Anxiety

A psychological condition characterized by excessive worry or anxiety that is not based on any real external threat.

Anal Stage

In Freudian psychoanalysis, a developmental phase focusing on toilet training that can influence personality based on its success or failure.